Insurtech MGA Loadsure has partnered with WeatherOptics, a leading weather intelligence platform, with the aim of bringing weather intelligence into its risk calculations. Loadsure directly addresses the global freight underinsurance crisis with data powered, AI-priced, […]
As asset values increase, plus the cost of getting skilled people to rebuild houses, commercial premises, or deal with toxic hazards, waste, fire damaged vehicles etc also increases, it’s inevitable that the cost of Catastrophe […]
Sustained heat, floods and heavy rainfall could see insurers hit with further increased costs, with subsidence related insurance costs swelling to over £1.9bn by 2030 according to new analysis by PwC. The fresh analysis shows […]
ESG, Net Zero and recycling are likely to remain an integral part of regulation for insurance brands over the next few years. Then there’s risk pricing for things like Catastrophe events, flooding or wildfires, which […]
With Hurricane Ian in Florida, record breaking losses from hailstorms in France, floods in Australia and South Africa, winter storms in Europe and the US as well as droughts in Europe, China and the Americas, […]
Geospatial intelligence leader, McKenzie Intelligence Services (MIS), has launched a new peril, Hail, within its award-winning platform, Global Events Observer (GEO), to accelerate incident and claims responses following hailstorm events. Rosina Smith, Chief Product Officer of MIS, […]
Lockton recently published its P&I Market Review 2022, an analysis of the 2022/23 policy and financial years’ data for P&I clubs, as well as fixed premium providers and reinsurance & pooling arrangements. In the 2022/23 […]
Winter is coming and that means for insurers and brokers it’s time to look at flood defences, tech alert systems, assets in the path of potential flooding and advise clients. The take up of Property […]
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